Agnico Eagle Mines Limited (TSE:AEM - Get Free Report) NYSE: AEM Senior Officer Ammar Al-Joundi sold 20,000 shares of the business's stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of C$169.00, for a total value of C$3,379,960.00.
Agnico Eagle Mines Stock Performance
AEM traded down C$5.21 during trading hours on Friday, reaching C$161.60. The company's stock had a trading volume of 1,248,168 shares, compared to its average volume of 1,080,481. Agnico Eagle Mines Limited has a 52 week low of C$86.66 and a 52 week high of C$175.33. The company's 50-day moving average is C$158.88 and its 200-day moving average is C$140.48. The company has a debt-to-equity ratio of 7.88, a quick ratio of 0.89 and a current ratio of 1.75. The firm has a market cap of C$57.14 billion, a PE ratio of 56.78, a price-to-earnings-growth ratio of 22.97 and a beta of 1.10.
Agnico Eagle Mines Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, June 16th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date is Friday, May 30th. Agnico Eagle Mines's dividend payout ratio is 76.24%.
Wall Street Analyst Weigh In
AEM has been the topic of a number of analyst reports. Cfra Research upgraded Agnico Eagle Mines to a "strong-buy" rating in a research note on Friday, April 25th. Stifel Canada upgraded Agnico Eagle Mines to a "strong-buy" rating in a research note on Wednesday, March 19th. BMO Capital Markets upgraded Agnico Eagle Mines to a "strong-buy" rating in a research note on Tuesday, April 15th. National Bank Financial upgraded Agnico Eagle Mines to a "strong-buy" rating in a research note on Friday, March 21st. Finally, Royal Bank of Canada upped their price objective on Agnico Eagle Mines to C$105.00 and gave the stock a "buy" rating in a research note on Thursday, March 6th. One analyst has rated the stock with a hold rating, three have given a buy rating and four have given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of C$139.67.
View Our Latest Analysis on Agnico Eagle Mines
About Agnico Eagle Mines
(
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Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States.
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